Sonic Labs has announced a massive ~200 million $S token airdrop, if you want to maximize your share, this guide has you covered. Let’s dive into the essentials, including how to earn Sonic Points, leverage beets.fi, and boost your exposure.
What You Need to Know About the $S Airdrop
To qualify for the $S airdrop, you need to accumulate Sonic Points. These points can be earned by holding and using whitelisted assets across various DeFi apps. The distribution will occur over multiple seasons as NFT positions, concluding in June 2025.
Three Ways to Earn Sonic Points
Sonic Points can be earned through three primary methods:
- Passive Points
- Activity Points
- App Points (Gems)
Let’s break these down:
Passive Points
You can earn Passive Points by holding whitelisted assets in your Web3 wallet (e.g., Rabby, MetaMask, Ledger, or Trezor). Simply holding these assets qualifies you to start earning.
Whitelisted Assets Include:
- $scUSD, $stkscUSD, $USDC.e
- $scETH, $stkscETH, $S, $wS, $stS
- $ONE, $wETH, $solvBTC
Each asset has a multiplier, meaning some grant more points than others. By holding assets with higher multipliers, you can boost your points.
Activity Points
Activity Points are earned when you deploy whitelisted assets as liquidity on participating apps. These points are added to your Passive Points earnings and come with additional benefits, such as:
- Swap fees
- Lending market interest rates
App-Specific Points (Gems)
Sonic’s developer-focused program includes a competitive element, where apps vie for $S token allocations known as Sonic Gems. Apps redeem these Gems for $S tokens, which they can distribute to their users at their discretion.
For example, Beets.fi’s unique Gem program is set to launch soon, with all relevant metrics being released shortly.
Using Beets.fi to Maximize Points
Now that you understand how Sonic Points work, let’s explore how to use beets.fi to optimize your exposure:
Stake $S for $stS
The simplest strategy is to stake $S to earn $stS, which provides a 4x points multiplier.
Earn Swap Fees with $stS | $S LP
For additional rewards, you can stake in a $stS | $S Liquidity Pool (LP). This strategy offers:
- 4x points multiplier
- Swap fees and $BEETS rewards
Maximize Points with Stablecoin LPs
Consider the $scUSD | $USDC.e stablecoin LP, which offers:
- 6x multiplier on $scUSD
- 5x multiplier on $USDC.e
- $stS rewards (with an additional 4x multiplier)
Explore the Stablecoin LP Pool
Weighted Pools for Strategic Exposure
- 70/30 $stS | $scUSD LP: Offers 4–6x multipliers while focusing on $stS network staking rewards. Join the Weighted Pool
- 70/30 $stS | $USDC.e LP: Provides 4–5x multipliers, also with $stS rewards. Explore the $stS | $USDC.e Pool
Conclusion
By strategically staking and providing liquidity to pools with whitelisted assets on beets.fi, you can maximize the exposure of your Sonic points.
Beets individual Gem program will also kickstart the next wave of the points meta in the next few weeks, and will directly incentivize certain actions on the protocol even further.
